Kymera Prices $223M Equity Offering At $47/Share


27% profits every 20 days?

This is what Nic Chahine averages with his options buys. Not selling covered calls or spreads... BUYING options. Most traders don't even have a winning percentage of 27% buying options. He has an 83% win rate. Here's how he does it.


  • Kymera Therapeutics Inc (NASDAQ:KYMR) has priced its upsized underwritten public offering of 4.7 million shares at $47.00 per share, representing a discount of 3% from the last close price of $48.5 on Wednesday.
  • The gross proceeds will be approximately $223.5 million.
  • Underwriters have an option to purchase up to an additional 713,250 shares.
  • The company says that based on existing cash and cash equivalents and marketable securities of $435.2 million and net proceeds from this offering, it will be sufficient to fund our operations into 2025.
  • The offering will close by July 6.
  • Price Action: KYMR shares closed at $48.50 on Wednesday. 

27% profits every 20 days?

This is what Nic Chahine averages with his options buys. Not selling covered calls or spreads... BUYING options. Most traders don't even have a winning percentage of 27% buying options. He has an 83% win rate. Here's how he does it.


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Posted In: BiotechEarningsNewsHealth CareFinancingOfferingsGeneralBriefs